Q: What is the buffer zone, and how does it relate to the withdrawal threshold?
A: The buffer zone and withdrawal threshold are terms that refer to the same concept, often known as the "drawdown." You can withdraw up to 60% of your account balance during the buffer zone-building phase with a minimum withdrawal of $1,000. After a withdrawal, the buffer zone resets to $0, and any remaining drawdown is forfeited.
Q: Are there restrictions on withdrawing profits above the buffer zone?
A: No restrictions apply to withdrawals above the buffer zone. The minimum withdrawal amount remains $1,000.
Q: Can I withdraw any amount below the withdrawal threshold? Can I withdraw everything in one go?
A: Yes, you can make a single withdrawal below the threshold while still maintaining your account open. You're eligible to withdraw up to 60% of your profits, with a minimum withdrawal of $1,000. The remaining 40% will stay in your account to continue trading. For a withdrawal of the entire accounts profits: For accounts under 45 calendar days, you receive 20% of net reserves. For accounts lasting 46 to 90 days, you receive 50% of net reserves. For accounts lasting 90+ days, you receive 90% of net reserves.
Q: When can I request withdrawals, and how often?
A: You can request bi-weekly withdrawals via wire transfer or crypto with no minimum trading or profit days. The minimum withdrawal per request is $1,000. Withdrawal requests are processed Monday to Friday and typically take 1-3 business days to reflect.
Q: Is there a maximum withdrawal limit?
A: There is no maximum withdrawal limit for profits above the buffer zone. You have the flexibility to withdraw any amount exceeding the buffer zone.
Q: How does the 14-Day Payout Policy work?
A: Expert accounts allow bi-weekly withdrawals, starting with the first $10,000 allocated to the trader. Starter accounts follow a similar policy but introduce a 40% consistency rule and restrict withdrawals above the buffer zone for the initial 60 days.
Q: What are the Withdrawal Thresholds based on account size?
A: Withdrawal Thresholds are designed to ensure account longevity and limit risk. They are as follows: $50,000 Account: $2,000 $100,000 Account: $3,000 $150,000 Account: $4,500
Q: Once the buffer is built, can I still withdraw 60% of my profits if my balance falls back within the threshold, or is it only possible by closing the account?
A: Once the buffer is established, you can't withdraw 60% of your profits if your balance falls back within the threshold without closing the account. To access the buffer profit, you would need to close the account, following the guidelines outlined in the policy.
Q: How many times can I withdraw within the buffer zone?
A: A single withdrawal is permitted while the buffer zone is being built, as the drawdown level adjusts.
Q: Why choose MyFundedFutures for trading?
A: We prioritize your growth and offer flexibility without imposing minimum trading or profit day restrictions. Our Expert Plan offers flexibility with no scaling or consistency rules, providing endless possibilities to scale with us. We're your partner in success, committed to growing with you.
If you have any more questions or need further clarification, feel free to reach out. We're here to support your trading journey.